What can you afford in Leicester?
1,874 homes changed hands in Leicester over the last 12 months (Jul 2025 – Jun 2026). Half sold for £245,000 or less, a quarter for under £187,125, and three quarters for under £300,000. Buying the median home with a 10% deposit needs roughly a £49,000 salary at the typical 4.5× lending multiple , see what £49,000 takes home.
Affordability in one number: the median home here sold for 7.6× the local median full-time salary of £32,281 (ONS ASHE 2025). A typical lender stretches to about 4.5× one income plus your deposit, which is why the deposit and second incomes decide so much here.
Sold prices · Leicester
£245,000
median sold price, Jul 2025 – Jun 2026
- A quarter under
- £187,125
- Three quarters under
- £300,000
- Sales
- 1,874
- HPI average
- £230,107
What each salary reaches here
Budget = 4.5× salary with a 10% deposit, against the 1,874 actual sales.
| Salary | Budget | Share of sales in reach |
|---|---|---|
| £25,000 | £125,000 | 7.2% |
| £35,000 | £175,000 | 20% |
| £50,000 | £250,000 | 54.1% |
| £75,000 | £375,000 | 90% |
| £100,000 | £500,000 | 95.3% |
By property type · median sold price
And the salary that price implies, at 4.5× with 10% down.
| Type | Median · sales | Salary needed |
|---|---|---|
| Flat | £120,000 · 201 | ≈£24,000 |
| Terraced house | £222,000 · 807 | ≈£44,400 |
| Semi-detached house | £270,000 · 657 | ≈£54,000 |
| Detached house | £370,000 · 209 | ≈£74,000 |
For context, the UK House Price Index puts Leicester average prices up 2% over 12 months.
Nearby in the index
Sold prices: HM Land Registry Price Paid Data (standard residential sales), Jul 2025 – Jun 2026, standard residential sales, England & Wales. Averages: UK House Price Index (HM Land Registry / ONS). Lending estimates use a typical 4.5× single-income multiple and are not a mortgage offer or financial advice.